Bids, mergers and takeovers

Cavendish revenue down but pipeline good as former finnCap CEO quits

Cavendish Financial PLC shares soared on Tuesday as the company said its half-year loss narrowed, and that its deputy chair has decided to step down.

Shares...

Tue, 19/12/2023 - 12:14

DP Eurasia urges shareholders against Jubilant Foodwork’s new offer

DP Eurasia NV on Tuesday responded to an improved takeover bid by Jubilant Foodworks Netherlands BV.

DP Eurasia, the master franchisee of the Domino’s Pizza...

Tue, 19/12/2023 - 11:10

Tavistock rise as swings to half-year profit amid revenue growth

Tavistock Investments PLC shares were up on Tuesday as it reported a revenue climb in its financial half-year.

Shares in Tavistock were up 12% at...

Tue, 19/12/2023 - 10:28

Hipgnosis Songs Fund delays results amid dispute over asset values

Hipgnosis Songs Fund Ltd, which was due to release its half-year results on Tuesday, announced they will be delayed until the end of the year,...

Tue, 19/12/2023 - 09:09

Mondi declares special dividend after Syktyvkar disposal in Russia

Mondi PLC on Tuesday it planned to return about €775 million in the form of a special dividend to its shareholders following the sale of...

Tue, 19/12/2023 - 08:50

EARNINGS AND TRADING: Goldplat profit tumbles despite revenue jump

The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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Goldplat PLC -...

Mon, 18/12/2023 - 18:33

LondonMetric in talks to merge with LXi REIT

LondonMetric Property PLC and LXi REIT PLC on Monday confirmed that they are in discussions over a potential all-share merger.

The offer would see UK real...

Mon, 18/12/2023 - 16:57

ECR Minerals agrees to sell two non-core assets, plans further sale

ECR Minerals PLC on Monday said its subsidiary Mercator Gold Australia Pty Ltd agreed to sell two ‘under-utilised’ non-core assets, while it plans another sale.

The...

Mon, 18/12/2023 - 15:56

MC Mining recommends shareholders to ‘take no action’ after new offer

MC Mining Ltd on Monday recommended its shareholders to ‘take no action’ over the revised ‘non-binding and indicative off-market’ takeover offer from Senosi Group Investment...

Mon, 18/12/2023 - 15:56

Amigo interim revenue stoops; remains open to reverse takeover

Amigo Holdings PLC on Monday said it remains open to the idea of a reverse takeover to deliver value to shareholders after reporting a plunge...

Mon, 18/12/2023 - 14:21

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